Loading ...I think interest rates need to come down as well as the dollar. That doesn’t necessarily have to be inflationary. You’re right though, it will likely be for housing initially. Deregulation will help to offset inflation as oil and agriculture get jump started and prices come down simply because supply increases. Business investment needs cheap money for manufacturing and growth. Wages will rise, but again be offset with available supply.
My view is that interest rates shouldn’t exist, just like the Fed. They are used as a weapon to increase and decrease the money supply. Why would you ever need to slow down an economy? Nonsense.
All that being said, they will have to get a grip on spending, but gee whizz, they’ve already found a trillion in waste, fraud and abuse. Now they can work on government and are already trimming employees. Lastly, I expect Trump at some point to try to negotiate down our debt with foreign creditors.
The most important thing though is to get a grip on election fraud. That has to be done before the midterms.